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gas natural sdg sa (GAS) Details

Gas Natural SDG, S.A., together with its subsidiaries, is engaged in the exploration and development, liquefaction, re-gasification, transport, storage, distribution, and commercialization of natural gas; and generation, transport, distribution, and commercialization of electricity. The company’s Gas Distribution segment is involved in the regulated gas distribution; and provision of services for third-party access to the network, as well as in the activities related to distribution. Its Electricity Distribution segment provides regulated electricity distribution services; network services for customers; and metering and other services related to third party access to the distribution network. The company’s Electricity segment is engaged in the generation of electricity through combined cycle, thermal, nuclear, hydro, co-generation, and wind farm plants and other technologies; and supply of electricity to wholesale markets, as well as wholesale and retail commercialization of electricity. Its Gas segment is involved in the exploration and production of gas from extraction to the liquefaction process, as well as value chain activities of liquefied natural gas (LNG), including the sea transport of LNG and the re-gasification process; and operation of the Maghreb-Europe pipeline. This segment also supplies and retails natural gas to wholesale and retail customers; and supplies products and services related to retailing. The company is also engaged in the exploitation of the coal field in South Africa; and activities related to the optic fiber and other non-energy businesses. It operates in Spain and internationally. Gas Natural SDG, S.A. was founded in 1843 and is headquartered in Barcelona, Spain.

gas natural sdg sa (GAS) Top Compensated Officers

gas natural sdg sa (GAS) Key Developments

Gas Natural Fenosa Announces Earning Results for the Year Ended December 31, 2014

Feb 25 15

Gas Natural Fenosa announced earning results for the year ended December 31, 2014. For the year, the company's income attributable to the group was EUR 1.46 billion, compared to EUR 1.44 billion for the year ended December 31, 2013. Net turnover was EUR 24.74 billion, compared to EUR 24.32 billion for the year ended December 31, 2013. Operating income was EUR 3.19 billion, compared to EUR 3.02 billion for the year ended December 31, 2013.

Rolls-Royce Signs Collaboration Agreement with Gas Natural Fenosa

Feb 24 15

Rolls-Royce Holdings plc has signed a collaboration agreement with Gas Natural Fenosa to develop and install a pure-gas Bergen engine aboard the Balearia-operated ferry Abel Matutes. The 29,670 tonne ROPAX ferry, delivered in 2010 from the Hijos de J Barreras shipyard in Vigo, Spain, will use an LNG-fuelled Rolls-Royce Bergen C26:33 L6 AG auxiliary engine to generate 1560kWe of clean power, dramatically reducing emissions during port stays in Barcelona and Palma de Mallorca. The agreement with Gas Natural Fenosa is a giant step forward in emissions reduction in advance of the entry into force of future emissions legislation. The new engine will be fully integrated into the electricity plant on the vessel, enabling operation with any of the on-board auxiliaries. Testing and implementation work is expected to take place towards the end of next year. When Abel Matutes is in port, the gas engine will be connected to the distribution infrastructure ashore or the LNG tank located on-board. The ferry will also consume natural gas during approach and departure manoeuvres to generate electricity, replacing the heavy fuel oil previously used for this purpose. Application of Rolls-Royce Bergen gas engine technology will lead to an emissions reduction and an annual saving of almost 4000 tonnes of CO2, over 60 tonnes of NOx and six tonnes of SOx.

Gas Natural SDG SA Provides Tax Rate Guidance for the Year 2015

Feb 17 15

Gas Natural SDG SA provided tax rate guidance for the year 2015. The company expects effective rate for 2015, will be of around 24% to 25%.

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